FX.co ★ CAC 40 Slides to Three-Week Low

The CAC 40 index experienced a decline of 1.2% on Tuesday, settling around 8,010 points, marking its lowest point since October 14. This downturn extends the losses from the previous session and partially offsets October's 2.9% gain, which was the highest monthly increase since January 2025. This decline reflects a broader risk-averse sentiment prevailing in global markets. Investor caution has intensified due to the ongoing US government shutdown, which has delayed important economic reports. Attention is now focused on this week’s ADP employment report for new insights into the US labor market conditions. In terms of individual stock movements, Edenred saw an 8.8% drop after the company predicted slower annual core profit growth for 2026. STMicroelectronics also fell by 8% following its announcement of repurchasing approximately 347,647 shares (about 0.04% of its capital) for €7.5 million as part of its buyback program. Major stocks like ArcelorMittal (-2.5%), Schneider Electric (-2.4%), and Hermès (-2.0%) further contributed to the index's decline.